Wednesday, April 29, 2026

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April 29, 2026 3:55 PM

UAE Exits OPEC: What It Means for the World & India

The United Arab Emirates has announced it will exit the Organization of the Petroleum Exporting Countries and the broader OPEC+ alliance, with the decision taking effect from May 1, 2026. The move follows a comprehensive review of national production...

April 29, 2026 3:01 PM

EXPLAINER-What is OPEC+ and how does it affect oil prices?

The United Arab Emirates, one of OPEC+'s largest producers, will leave the oil producers' alliance on May 1, it said on Tuesday. The Organization of the Petroleum Exporting Countries and allies, including Russia, are known collectively as OPEC+. Las...

April 29, 2026 2:55 PM

Trump hits back at German chancellor after Iran criticism

U.S. President Donald Trump criticized German Chancellor Friedrich Merz over the war in Iran on Tuesday, a day after Merz said the Iranians were humiliating the United States in talks to end it. "The Chancellor of Germany, Friedrich Merz, thinks it...

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